Multifamily Asset Manager
4 weeks ago
At MFM Search LLC, we are seeking a seasoned Asset Manager to oversee the acquisition and management of multifamily real estate properties. This role will involve developing operational strategies, analyzing performance, and optimizing asset values.
Key Responsibilities:
- Develop and implement property and portfolio level operational strategies to drive asset value growth
- Coordinate and review annual business plans and budgets, ensuring alignment with company goals
- Prepare and present quarterly financial reports and statements to stakeholders
- Assist in the review of valuation models and support due diligence efforts for select investments
- Manage the takeover of new assets and ensure a smooth transition into the portfolio
- Communicate effectively with third-party service providers, including property management, appraisers, and brokers
- Stay up-to-date on market trends and competitor activity, providing expert insights to inform investment decisions
- Coordinate lender compliance and monitor debt covenants, ensuring timely releases of escrow accounts
- Regularly visit properties to coordinate efforts with third-party property managers
Requirements:
- Bachelor's degree in Business, Real Estate, Finance, or Accounting
- Post-graduate education a plus
- 10+ years of experience in multifamily and/or commercial real estate, required
- Asset Management experience preferred
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